Netflix (NASDAQ:NFLX) has outperformed the market over the past 20 years by 23.75% on an annualized basis producing an average annual return of 31.47%. Currently, Netflix has a market capitalization of $186.95 billion.
Buying $100 In NFLX: If an investor had bought $100 of NFLX stock 20 years ago, it would be worth $23,046.58 today based on a price of $420.54 for NFLX at the time of writing.
Netflix’s Performance Over Last 20 Years
© Provided by Benzinga comp_fig
Must Read: NFL Invests Over $500K In CBD Research As Opioid Alternative For Concussion Relief
Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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This article If You Invested $100 In This Stock 20 Years Ago, You Would Have $23,000 Today originally appeared on Benzinga.com.
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